United States wheat futures hit new contract lows and pressured Western Canadian wheat bids during the week ended Feb. 15.
Wheat
Prairie wheat weekly outlook: Weaker U.S. futures drag Western Canadian wheat bids
Cheaper Russian wheat exports also dragged global wheat prices down
U.S. corn, soybean, wheat yields to rise in 2024/25
More soybean acres; corn and wheat area to drop
Yields for United States soybeans, corn and wheat were projected to increase in 2024/25, according to the Department of Agriculture at its 100th annual Outlook Forum on Feb. 15. Also, the USDA said there’s to be more soybean acres but less for corn and wheat for the coming crop year.
U.S. grains: Corn, soy futures set new three-year lows as US forecasts hefty supplies
U.S. soybean crushings dropped more than expected from a record high
U.S. forecasts for increasing crop inventories on Thursday drove corn and soybean futures to their lowest prices in more than three years as traders remained worried about strength of demand.
Feed grain weekly: Buyers waiting longer to purchase more grain
U.S. corn shipments continue to put pressure on feed prices
Buying activity for feed barley and feed wheat in Western Canada is moving slowly and prices continue to decline, according to Susanne Leclerc, owner of Market Master Ltd. in Edmonton.
U.S. grains: Soy and corn set three-year lows on fund selling, supply outlook
Markets down about 10 per cent this year, traded on lowest levels since late 2020
Soybean and corn futures fell to three-year lows at the Chicago Board of Trade on Wednesday under pressure from fund selling and expectations for increased U.S. supplies, analysts said.
CBOT weekly outlook: Bearish picture for commodities
Prices may not go much lower given the commodities have hit contract lows, says analyst
Ahead of the United States Department of Agriculture Outlook Forum, analyst Bryan Strommen of Progressive Ag in Fargo, N.D. painted a rather bearish picture for the commodity markets. However, he noted that prices might not go much lower given the commodities have hit contract lows.
U.S. grains: Soybeans and corn continue to be pressured by global supplies
Wheat futures weighed by falling Russian prices
Chicago Board of Trade (CBOT) corn futures firmed slightly on Tuesday on technical trading, but still hovered near three-year lows as ample global supplies, improving South American crop prospects, and intense export competition weighed over the market.
U.S. grains: Bargain buying supports CBOT soybeans and corn after 3-year lows
Market keeps eye on South American weather
Chicago Board of Trade soybean futures firmed on Monday on bargain buying and a weaker U.S. dollar, but remained near multi-year lows as nearby contracts struggled to shake off technical resistance, traders said.
P&H plans Hamilton site expansion
After doubling capacity in 2020, the company is adding a third flour mill
P&H will construct a third flour mill and expand facilities at its Hamilton, Ont., site, it announced today.
U.S. grains: Soybeans, corn stuck near 3-year lows on abundant supplies
Wheat futures higher on bargain buying, short covering
U.S. corn and soybean futures hovered near three-year lows on Friday as South American crop weather improved and forecasts called for plentiful supplies, but losses were limited by short covering ahead of the weekend.
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